Welfare Funding Review Fails Expectations: Union

"); jQuery("#212 h3").html("

"); });
2021-07-11 HKT 15:58
A union representing employees of social welfare organisations on Sunday said it’s disappointed by the results of a four-year review into the government's funding mechanism, criticising it for not going far enough.
The Social Welfare Employees Union said the 82-page report, released by a government-appointed task force on Monday, failed to properly address complaints by front line staff that resources have been unevenly distributed under the Lump Sum Grant Subvention System.
The union's chief executive Isaac Tsang pointed out that some of its recommendations are not even new.
"At least five of the recommendations already exist in the existing system," said Tsang noting that NGOs have already been disclosing their financial positions and remuneration packages for top executives as suggested in the report.
Tsang said the report also failed to address front line staff’s call for the starting points and increments of their pay to be in line with the civil service, to reduce the huge discrepancies in wages for employees with essentially the same job nature at different NGOs.
"The front line is quite disappointed that many of our recommendations such as the review of the pay salaries and the control reserve percentage, we do not see [they were] mentioned in the report."
Stripe Launches Terminal In Japan To Bridge Online And Offline Commerce
Stripe, the programmable financial services company, has launched Stripe Terminal in Japan, aiming to help businesses i... Read more
MUFG Bank Invests In AI Firm LayerX, Signs Strategic Partnership
MUFG Bank and MUFG Innovation Partners (MUIP), both subsidiaries of MUFG, have invested in LayerX, a Japanese startup d... Read more
Bosch And Alibaba Expand Partnership On Cloud, AI And E-commerce
Bosch, a global supplier of technology and services, and Alibaba Group have announced an expanded strategic partnership... Read more
MUFG Provides $75M Credit Facility To EarnIn
Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial services provider, has announced the completion of a... Read more
35% Of Hong Kong Shoppers Remain Cautious About AI In Retail
Adyen, a global financial technology platform, has released its Adyen Index 2025, highlighting how Hong Kong’s retail... Read more
Japan Post Bank To Launch Digital Yen By 2026
Japan Post Bank announced it will introduce a digital yen by the end of fiscal 2026 to make digital financial transacti... Read more